The 41st Parameter, Inc. selected by AlwaysOn as an AO100
Top Private Company Award Winner
Leader in Online Fraud Detection and Prevention Recognized for Leadership in Emerging Technology and Global Business Potential
SCOTTSDALE, Ariz. – August 21, 2007 – The 41st Parameter, the leader in online fraud detection and prevention solutions for eCommerce and financial services, today announced that it has been chosen by AlwaysOn as one of the AO 100 Top Private Companies for 2007. The fifth-annual elite AO100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the AO100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 1,000 nominations from venture investors, investment bankers and other industry experts.
The 41st Parameter and the AO 100 Top Private Companies for 2007 were honored at the AlwaysOn Stanford Summit held July 31 – Aug 2, 2007, at Stanford University. The Stanford Summit was a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The idea behind the AO100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the global technology industry.
The 41st Parameter's online fraud detection and prevention solutions effectively reduce online fraud for eCommerce and financial service industries, bringing integrity to the online world. By reducing online fraud, The 41st Parameter promotes business growth and increases the life-time-value of its client's customers.
"We are thrilled to be included in the AlwaysOn100." said Ori Eisen, founder and chairman of The 41st Parameter. "The 41st Parameter and AlwaysOn have a great deal in common – we are both revolutionizing the way people interact online."
A full list of all the AlwaysOn Top 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/15899
About The AlwaysOn Stanford Summit
The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The Stanford Summit features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The Stanford Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
About The 41st Parameter
As the leader in online fraud detection and prevention solutions, The 41st Parameter is instrumental in reducing fraud online for eCommerce and financial institutions through highly accurate anti-fraud capabilities. By continuously collecting new and unique parameters from end-user computers during online account access or order processing, the Company's patent-pending technologies enable forensic identification of PCs and online devices. Such accurate client device identification is proven to prevent online fraud while improving operational efficiencies, saving time, money and protecting legitimate customers. None of the Company's solutions require end-user registration, enrollment, downloads or installations. To find out how the Company is making fraud history, visit www.the41.com or call 1.888.the.41st (1.888.843.4178).
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